Pershing square capital management, l.p. announces sale of 10% common equity interest for $1.05 billion to strategic investors

New york--(business wire)--pershing square capital management, l.p. (“pscm”) today announced the primary sale of a 10% common equity interest in pershing square holdco, l.p. (“pershing square”) – a newly formed limited partnership that owns 100% of pscm – for a purchase price of $1.05 billion to a consortium of strategic investors including arch capital group ltd. (nasdaq: acgl), btg pactual (bpac11), consulta limited, iconiq investment management, menora mivtachim holdings, an international gr.
ACGL Ratings Summary
ACGL Quant Ranking